Basically a TL;DR on how Bitcoin got captured.
We got to the point where the Bitcoin community cannot widely agree on what Bitcoin is — is it money, is it arbitrary data storage, is it digital gold...
Would you agree that the most important conclusion to draw from your assessment of the incentives is the following?
"Store of value (SoV) is the most important goal/property.
SoV is more important than medium of exchange (MoE) and adoption.
Whenever people warn that Bitcoin isn't being used for payments enough, explain to them that in the long-term, L1 won't be used for everyday payments anyway (L2s will be instead), so useability for payments must not be prioritized higher than SoV properties."
"Store of value (SoV) is the most important goal/property.
SoV is more important than medium of exchange (MoE) and adoption.
Whenever people warn that Bitcoin isn't being used for payments enough, explain to them that in the long-term, L1 won't be used for everyday payments anyway (L2s will be instead), so useability for payments must not be prioritized higher than SoV properties."
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